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Airdrop · airdrop

A free distribution of tokens to users, usually to introduce a new project or reward existing holders.

Projects usually use airdrops to introduce a new token, raise brand awareness, or reward active users of an ecosystem; this distribution can be based on conditions like holding a specific asset or prior participation in the project.

Despite the appeal of receiving free tokens, you should watch out for fake airdrops designed to steal wallet information or commit fraud.

To see other terms and learn more about the market, head back to the glossary.

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